STAI (ScanTech AI Systems) Operating Income: $-26.86 Mil (TTM As of Sep. 2025)

What is ScanTech AI Systems Operating Income?

ScanTech AI Systems STAI +15.87% Operating Income is $-26.86 Mil as of Sep. 2025. The stock has 7 warning signs investors should review.

ScanTech AI Systems's Operating Income for the three months ended in Sep. 2025 was $-4.88 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Sep. 2025 was $-26.86 Mil.

Warning Sign:

ScanTech AI Systems Inc has never been profitable in the past 3 years. It lost money every year.

Operating Margin % is calculated as Operating Income divided by its Revenue. ScanTech AI Systems's Operating Income for the three months ended in Sep. 2025 was $-4.88 Mil. ScanTech AI Systems's Revenue for the three months ended in Sep. 2025 was $0.63 Mil. Therefore, ScanTech AI Systems's Operating Margin % for the quarter that ended in Sep. 2025 was -773.22%.

ScanTech AI Systems's 5-Year average Growth Rate for Operating Margin % was 0.00% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. ScanTech AI Systems's annualized ROC % for the quarter that ended in Sep. 2025 was -230.71%. ScanTech AI Systems's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2025 was -75,941.05%.

ScanTech AI Systems (OTCPK:STAI) Operating Income Explanation

1. Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

ScanTech AI Systems's annualized ROC % for the quarter that ended in Sep. 2025 is calculated as:

	ROC % (Q: Sep. 2025 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jun. 2025 )	+	Invested Capital (Q: Sep. 2025 ))	/ count )
=	-19.516 * ( 1 - 0% )	/	( (7.46	+	9.458)	/ 2 )
=	-19.516	/	8.459
=	-230.71 %

where

	Invested Capital		(Q: Jun. 2025 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	4.129	-	21.024	-	( 0.041	-	max(0, 28.398	-	4.043	+	0.041	))
=	7.46

	Invested Capital		(Q: Sep. 2025 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	5.146	-	19.329	-	( 0.158	-	max(0, 28.706	-	5.065	+	0.158	))
=	9.458

Note: The Operating Income data used here is four times the quarterly (Sep. 2025) data.

2. Joel Greenblatt's definition of Return on Capital:

ScanTech AI Systems's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2025 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Sep. 2025 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jun. 2025		Q: Sep. 2025
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-36.072	/	( ( (0.05 + max(-18.926, 0))	+	(0.045 + max(-16.137, 0)) )	/	2 )
=	-36.072	/	( ( 0.05	+	0.045 )	/	2 )
=	-36.072	/	0.0475
=	-75,941.05 %

where Working Capital is:

	Working Capital		(Q: Jun. 2025 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	1.254	+	2.648)	-	(21.024	+	0.755	+	1.049)
=	-18.926

	Working Capital		(Q: Sep. 2025 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	1.541	+	3.328)	-	(19.329	+	0.728	+	0.949)
=	-16.137

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2025) EBIT data.

3. Operating Income is also linked to Operating Margin %:

ScanTech AI Systems's Operating Margin % for the quarter that ended in Sep. 2025 is calculated as:

Operating Margin %	=	Operating Income (Q: Sep. 2025 )	/	Revenue (Q: Sep. 2025 )
	=	-4.879	/	0.631
	=	-773.22 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

4. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Operating Income growth rate using Operating Income per share data.

Be Aware

Compared with a company's EBITDA margin, Operating Margin can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin may decline. Often the Operating Margin declines well before the company's revenue or even profit decline. Therefore, Operating Margin is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia's Operating Margin had already been in decline since 2002, although its earnings per share were still rising. Investors who paid attention to Operating Margin would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.

ScanTech AI Systems Operating Income Related Terms

ScanTech AI Systems Operating Income Historical Data

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The historical data trend for ScanTech AI Systems's Operating Income can be seen below:

ScanTech AI Systems Operating Income Chart

ScanTech AI Systems Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

Operating Income

-3.87

-4.45

-9.56

-8.92

ScanTech AI Systems Quarterly Data
	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25
Operating Income	Get a 7-Day Free Trial										-2.20	-2.50	-15.59	-3.89	-4.88

ScanTech AI Systems Operating Income Calculation

Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.

Operating Income for the trailing twelve months (TTM) ended in Sep. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $-26.86 Mil.

Frequently Asked Questions Learn more about Operating Income →

What does a Operating Income of $-26.86 Mil mean?

ScanTech AI Systems (STAI) has a Operating Income of $-26.86 Mil as of Sep. 2025. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on ScanTech AI Systems and its competitors.

Is ScanTech AI Systems' Operating Income too high?

ScanTech AI Systems' current Operating Income is $-26.86 Mil.

How does ScanTech AI Systems' Operating Income compare to MMEX and FGL?

ScanTech AI Systems' Operating Income of $-26.86 Mil can be compared against companies in the Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Operating Income for a Construction company?

A good Operating Income depends on the Construction industry context. However, Operating Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Operating Income mean?

A high Operating Income can signal that a stock is expensive relative to its fundamentals. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on ScanTech AI Systems and its competitors. ScanTech AI Systems's current Operating Income is $-26.86 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is ScanTech AI Systems stock overvalued right now?

ScanTech AI Systems (STAI) has a current Operating Income of $-26.86 Mil. The current Operating Income is $-26.86 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Operating Income calculated?

Operating Income is calculated from a company's financial statements. For ScanTech AI Systems (STAI), the current Operating Income is $-26.86 Mil as of Sep. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

ScanTech AI Systems Business Description

Industry Industrials Construction

Comparable Companies MMEX FGL MDLK GRHI SODE TT JCI CARR XPAR:SGO TSE:6367 XSWX:GEBN LII MAIR DUB:KRX MAS CSL XSWX:BEAN WMS SPXC OC

Address 1735 Enterprise Drive, Buford, GA, USA, 30518

Website https://www.scantechais.com

ScanTech AI Systems Inc is developing and deploying security screening systems that protect travelers and other public members from criminals, terrorists, and other bad actors. It has developed a proprietary Computed Tomography scanning system that uses fixed-gantry technology to detect explosives, weapons, narcotics, and other contraband.